Some politicians argue that reducing the corporate income tax will increase business investment spending
a. True
b. False
Indicate whether the statement is true or false
True
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The cost, c, of a college education that serves only as a signal of a high-quality worker is $20,000. The wage of a known high-quality worker, wh, is $75,000. The wage for a known low-quality worker, w1, is $50,000
For what value of the share of the work force that is of high quality, t, is a pooling equilibrium possible?
A smart phone would be considered:
A. a common resource. B. a private good. C. a public good. D. an artificially scarce good.
The U.S. dollar is a composite currency
a. True b. False Indicate whether the statement is true or false
If at current exchange rates it was cheaper to buy a product in country B than country A, we would expect people to sell country A's currency and buy country B's currency, according to the purchasing power parity theory
a. True b. False Indicate whether the statement is true or false